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Madrid’s Chamberí Penthouse Auction Declared Void After No Bids

Published procurement records show shifting official explanations for the unit and an internal auditor said the purchase lacked sufficient economic justification.

Overview

  • The procurement committee minutes published on Thursday, September 17, 2026 record that Lot 2 — the Chamberí penthouse on Paseo del General Martínez Campos — received no offers and was proposed as “desierto.”
  • Planifica Madrid bought the penthouse on 14 April for €6.3 million and the regional government put it up for sale after media coverage, saying proceeds would help finance reconstruction in the Sierra Oeste after summer wildfires.
  • An internal report from the regional interventora dated July 27 found the acquisition and intended use were not sufficiently explained and flagged missing studies on necessity, suitability, price comparisons and surface data.
  • The full file published by the Comunidad de Madrid shows the region signed a rental agreement in July to pay €3,000 a month to use the property while the sale process moves forward.
  • Planifica Madrid will relist the penthouse for a 30‑day window and keep the sale open indefinitely if it remains unsold, while Lot 1 in the same tender — four Gran Vía properties — received an accepted offer from Cartesón S.L. for €11,850,010.